According to the source, Tom Lee stated in a newly shared X video that Ethereum (ETH) could reach $62,000 within a few months, presenting an aggressive upside scenario for traders to consider; source: X video clip dated Dec 4, 2025. A $62,000 target would be roughly 12x above ETH’s prior all-time high near $4,867 from November 2021, marking a key level that traders often treat as resistance-turned-support if reclaimed; source: CoinMarketCap historical price data, Nov 2021. For directionality, monitor net creations and daily flows in U.S. spot ETH ETFs, as primary-market creations require purchasing underlying ETH when shares trade at a premium, potentially adding direct buy pressure; source: U.S. SEC approval orders for spot ETH ETFs in 2024 and CFA Institute ETF mechanics primers. On supply, higher on-chain activity increases base-fee burn via EIP-1559 while staking participation reduces immediately tradable float, both tightening supply during demand spikes; source: Ethereum EIP-1559 specification and Ethereum Foundation documentation on Proof-of-Stake. Risk management is critical given crypto’s extreme volatility; define invalidation around the prior ATH (~$4.9k) and psychological round numbers ($5k, $10k, $20k) and avoid excessive leverage; source: CFTC Customer Advisory on virtual currency risks and CoinMarketCap historical levels. Short-term confirmation can be assessed via liquidity and derivatives metrics such as futures basis and open interest to detect whether advances are spot-led or leverage-driven; source: CFA Institute derivatives primers and CFTC market risk guidance.